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Deficit assumes an oil price of $45 per barrel; expected to tighten if oil prices trade in mid-$60s range
Company will invest in Abu Dhabi's new $1bn Reem Mall project which is set to open in 2018
Aston Martin stakeholder says it will review options with advisors following ruling by Kuwaiti court
Transport minister says 20% will be offered to Kuwaiti citizens, 5% to current and retired employees
Kuwait Petroleum Corporation is forecast to see $52bn revenues in fiscal year 2015/16, says lawmaker
Minister of Public Works, Electricity and Water reportedly says 13,000 public sector staff will get pre-Ramadan bonuses
Firm run by one of Gulf state's most prominent merchant families has appointed Fawzi al-Kharafi as chairman
Kuwait's low-cost airline says it has begun the bidding process to buy stake in loss-making state carrier
Chief executive quoted as Agility plans to invest $1 billion into the Egyptian market
Mabanee, which owns and operates the landmark Avenues Mall development, says funds will be used to finance business ops
London Paramount Entertainment Resort is scheduled to open in 2020, is currently in the consultation stage with local interest groups
NBAD & Arab Banking Corporation will be lead arrangers for the Sharia-compliant loan to purchase five Airbus aircraft to be leased by the airline
National Bank of Abu Dhabi is one of two banks picked by International AirFinance Corporation for loan for five aircraft
Chief executive says Kuwait's third-largest lender is looking to raise share of international operations in its business
Head of Kuwaiti airline also tells AGM that it plans to be debt-free by the end of 2015
There will be no reduction in wages as a result of shorter hours, the Ministry of Labour announced...
Holy month is likely to start on June 18, with gov't employees working 9am to 2pm
With the theme 'Creating a Regional Framework for Prosperity and Peace through Public-Private...
King Abdullah II says projects will be delivered via public private partnerships; part of new...
Prominent firms stump up support for new youth unemployment target for WEF’s Regional Business...
Gordon Brown says public-private partnerships needed to drive urgently needed infrastructure...
Aramex chief Fadi Ghandour says youth unemployment is biggest challenge and biggest opportunity...
Riyadh's new rulers enjoy more scope to make dramatic and unexpected interventions than their...
Organisations seeking donations to help provide relief to thousands of victims
Very Nice to know.. May Allah (God) Bless His Highness Prince Al Waleed for all the good things that he is doing in his life.. including this specific... more
What a great man a true humanist. more
Totally over the top 'pampering' but seemingly something we are led to believe is normal. Society appears so easily led these days. I would not be suprised... more
So lets be honest some people think it will go up and some people think it will go down.
No one really can predict what is going to happen! Maybe it... more